圖書標籤: David.Swensen 金融 投資 資産配置 經濟 組閤管理 商業 機構投資者
发表于2024-11-22
Pioneering Portfolio Management pdf epub mobi txt 電子書 下載 2024
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During his fourteen years as Yale's chief investment officer, David F. Swensen has transformed the management of the university's portfolio. Largely by focusing on nonconventional strategies, including a heavy allocation to private equity, Swensen has achieved an annualized return of 16.2 percent, which has propelled Yale's endowment into the top tier of institutional funds. Now, this acknowledged leader of fund managers draws on his experience and deep knowledge of the financial markets to provide a compendium of powerful investment strategies. Swensen presents an overview of the investment world populated by institutional fund managers, pension fund fiduciaries, investment managers, and trustees of universities, museums, hospitals, and foundations. He offers penetrating insights from his experience managing Yale's endowment, ranging from broad issues of goals and investment philosophy to the strategic and tactical aspects of portfolio management. Swensen's exceptionally readable book addresses critical concepts such as handling risk, selecting investment advisers, and negotiating the opportunities and pitfalls in individual asset classes. Fundamental investment ideas are illustrated by real-world concrete examples, and each chapter contains strategies that any manager can put into action. At a time when it is becoming increasingly difficult to cope with the relentless challenges provided by today's financial markets, Swensen's book is an indispensable roadmap for creating a successful investment program for every institutional fund manager. Any student of markets will benefit from Pioneering Portfolio Management.
大衛·F·史文森(David F.Swensen)早年師從諾貝爾經濟學奬得主托賓,曾在華爾街嶄露頭角,後應恩師之邀於1985年齣任耶魯大學首席投資官,並在耶魯大學商學院教書育人,至今24年。史文森培養齣的人纔不僅在耶魯創造瞭佳績,也嚮哈佛大學捐贈基金、麻省理工大學捐贈基金、普林斯頓大學捐贈基金、洛剋菲勒基金會、希爾頓基金會、卡耐基基金會等重要投資機構輸齣瞭領導力量。
史文森主導的“耶魯模式”使他成為機構投資的教父級人物。前摩根史丹利投資管理公司董事長巴頓·畢格斯說:“世界上隻有兩位真正偉大的投資者,他們是史文森和巴菲特。”
2009年2月,史文森被奧巴馬總統任命為美國經濟復蘇顧問委員會委員,任期兩年。
史文森還是另一本暢銷書《非傳統的成功——最好的個人投資方法》一書的作者。
本书主要是针对机构投资者,介绍了整个投资流程:从理念、资产类别、资产配置、资产配置管理等多个方面进行了详细的介绍,另外涉及了多个资产类别的大量历史数据,可以参考借鉴。 我自己看完第一个感受是:自己的投资大部分是凭感觉,各种瞎蒙,既没有对收益进行预估,也没对风...
評分 評分 評分1. Investment involves, human psychology, financial theory, history, current events 2. 越不有效的市场,越有可能产生高额回报。比如总体而言,VC和PE要比股票基金回报高。 3. LP在选择GP的时候,最基本的是integrity。良好的信用记录和口碑至关重要。 4. LP和GP的关...
評分Pioneering Portfolio Management pdf epub mobi txt 電子書 下載 2024